The term you are looking for is <span>maximum possible loss.</span>
Answer:
The answer is: B) The statement is false. A decrease in the price of digital cameras would decrease the demand for non-digital cameras, but a decrease in the price of non-digital cameras would not cause the demand for non-digital cameras to decrease.
Explanation:
Suppose we are not currently living in 2019, instead we are back 12 years to 2007 (before the iPhone). Back then , digital cameras were still used by common "unprofessional" users. Digital cameras were an improvement compared to non-digital cameras, so the price of non-digital cameras were much lower than their digital counterparts.
If the price of digital cameras decreased, then the price of non-digital cameras would decrease also. For example, if luxury car companies like Mercedes Benz started selling sedan cars for $20,000, Ford and Chevrolet would be forced to lower the price of their cars since they wouldn't be able to compete with MB at the same price.
But a decrease in the price of non-digital cameras would never decrease their demand. Something else would have caused that decrease. Probably digital cameras became so cheap that everyone could afford one and since they were so much better than non-digital cameras, people simply stopped buying non-digital cameras.
<span>The answer to this
question is “TRUE”. A bond is just like a loan. However, the main difference is
that with loans, the public is borrowing money from a bank or lending source.
With Bonds, the company borrows money from the public. Both have interest rates
and payment due based on the terms of agreement.</span>
Answer:
For First National Bank = 15.05%
For first United bank = 14.92%
Explanation:
The computation of EAR for First National Bank and First United Bank is shown below:-
Effective annual rate EAR = (( 1 + i ÷ n)^n) - 1
as
I indicates the annual interest rate
n indicates the number of the compounding period
For First National Bank
Annual interest rate i = 14.1%
Effective annual rate EAR is
= ((1 + 0.141 ÷ 12)^12) - 1
= 1.1505 - 1
= 0.1505
or
= 15.05%
For first United bank
Effective annual rate EAR is
= (( 1+ 0.144 ÷ 2)^2) - 1
= 1.1492 -1
= 0.1492
or
= 14.92%
This subpart applies to all open excavations made<span> in the </span>earth's surface<span>. ... </span>excavating<span> the </span>sides of an excavation<span> to </span>form one<span> or a </span>series<span> of </span>horizontal levels<span> or </span>steps<span> ... "</span>Faces" or "sides<span>" </span>means<span> the </span>vertical or<span> </span>inclined earth surfaces formed<span> as a ... </span>method<span> of </span>protecting employees<span> from </span>cave-ins<span> by </span>excavating to<span> </span><span>form sides</span>
